MANUSCRIPT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
MANUSCRIPT
NACE 73.110, Advertising agencies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€60,704
2023 · €32,947+€27,757
Equity
€171,725
2023 · €133,021+€38,704
Cash
€1,641
2023 · €2,882-€1,241
Balance sheet total
€465,310
2023 · €463,001+€2,309
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts -€48,517
down €48,517 (-18.0%), from €270,099 to €221,582
- Profit (loss) carried forward +€38,704
up €38,704 (+43.2%), from €89,570 to €128,274
- Trade debts +€14,910
up €14,910 (+235%), from €6,355 to €21,264
- Debts after one year -€7,636
down €7,636 (-33.6%), from €22,721 to €15,086
- Current portion of long-term debt +€5,387
up €5,387 (+69.9%), from €7,705 to €13,092
Income statement
- Gross operating margin +€40,760
up €40,760 (+39.2%), from €104,098 to €144,858
- Taxes +€10,133
up €10,133 (+192%), from €5,289 to €15,422
- Write-downs +€6,674
new in 2024: €6,674
- Staff costs -€5,038
down €5,038 (-10.5%), from €47,764 to €42,726
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2023
€32,947
Gross operating margin
+€40,760
Staff costs
+€5,038
Depreciation
-€54
Write-downs
-€6,674
Other operating charges
-€814
Financial income
-€214
Financial charges
-€152
Taxes
-€10,133
Result 2024
€60,704
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€35,508
Investment
-€12,500
Financing
-€24,249
Cash 2023
€2,882
From operations (derived)
+€35,508
Net result for the year
+€60,704
Depreciation
+€10,351
Receivables within one year
+€243
Deferred charges and accrued income
-€1,644
Trade debts
+€14,910
Tax, wage and social debts
-€539
Other debts
-€48,517
Investment (derived)
-€12,500
Investment in fixed assets (net)
-€12,500
Financing
-€24,249
Debts after one year
-€7,636
Current portion of long-term debt
+€5,387
Contributions, distributions and other
-€22,000
Cash 2024
€1,641
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €463,001 | €465,310 | +€2,309 | +0.5% |
| Fixed assets | 21/28 | €452,254 | €454,403 | +€2,149 | +0.5% |
| Tangible fixed assets | 22/27 | €452,034 | €454,183 | +€2,149 | +0.5% |
| Land and buildings | 22 | €437,173 | €437,173 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,249 | €1,522 | -€2,727 | -64.2% |
| Furniture and vehicles | 24 | €10,612 | €15,488 | +€4,876 | +45.9% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €10,747 | €10,908 | +€160 | +1.5% |
| Amounts receivable within one year | 40/41 | €7,466 | €7,223 | -€243 | -3.3% |
| Trade receivables | 40 | €7,466 | €3,781 | -€3,685 | -49.4% |
| Other amounts receivable | 41 | - | €3,442 | +€3,442 | |
| Cash at bank and in hand | 54/58 | €2,882 | €1,641 | -€1,241 | -43.1% |
| Deferred charges and accrued income | 490/1 | €399 | €2,043 | +€1,644 | +412% |
| Total equity and liabilities | 10/49 | €463,001 | €465,310 | +€2,309 | +0.5% |
| Equity | 10/15 | €133,021 | €171,725 | +€38,704 | +29.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,859 | €24,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,570 | €128,274 | +€38,704 | +43.2% |
| Amounts payable | 17/49 | €329,980 | €293,585 | -€36,395 | -11.0% |
| Amounts payable after more than one year | 17 | €22,721 | €15,086 | -€7,636 | -33.6% |
| Financial debts | 170/4 | €22,721 | €15,086 | -€7,636 | -33.6% |
| Amounts payable within one year | 42/48 | €307,259 | €278,500 | -€28,759 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €7,705 | €13,092 | +€5,387 | +69.9% |
| Trade debts | 44 | €6,355 | €21,264 | +€14,910 | +235% |
| Suppliers | 440/4 | €6,355 | €21,264 | +€14,910 | +235% |
| Advances received on contracts in progress | 46 | €865 | €865 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22,236 | €21,697 | -€539 | -2.4% |
| Taxes | 450/3 | €18,290 | €17,059 | -€1,231 | -6.7% |
| Remuneration and social security | 454/9 | €3,946 | €4,638 | +€692 | +17.5% |
| Other amounts payable | 47/48 | €270,099 | €221,582 | -€48,517 | -18.0% |
| Remuneration, social security and pensions | 62 | €47,764 | €42,726 | -€5,038 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,297 | €10,351 | +€54 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,674 | +€6,674 | |
| Other operating charges | 640/8 | €6,591 | €7,404 | +€814 | +12.3% |
| Gross operating margin | 9900 | €104,098 | €144,858 | +€40,760 | +39.2% |
| Operating profit (loss) | 9901 | €39,447 | €77,702 | +€38,256 | +97.0% |
| Financial income | 75/76B | €214 | €0 | -€214 | -100.0% |
| Recurring financial income | 75 | €214 | €0 | -€214 | -100.0% |
| Financial charges | 65/66B | €1,425 | €1,576 | +€152 | +10.6% |
| Recurring financial charges | 65 | €1,425 | €1,576 | +€152 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €38,236 | €76,126 | +€37,890 | +99.1% |
| Income taxes | 67/77 | €5,289 | €15,422 | +€10,133 | +192% |
| Profit (loss) for the period | 9904 | €32,947 | €60,704 | +€27,757 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,947 | €60,704 | +€27,757 | +84.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.